Dai Unlock Schedule
Dai has no fixed supply, no cap, and no premine. We have not recorded scheduled unlocks for Dai.
Verified How we verify
Key facts
| Emission model | Inflationary |
|---|---|
| Circulating supply | 4.6B DAI |
| Maximum supply | No fixed cap |
Upcoming unlocks
We have not verified a token unlock schedule for Dai.
Supply and emission
Dai has no fixed supply, no cap, and no premine. Every Dai is minted against collateral when a borrower opens a vault and destroyed when that debt is repaid, so supply expands and contracts with borrowing demand. Governance sets a stability fee per collateral type and the debt ceilings that cap how much Dai each collateral can generate, which is the main lever on total supply. No vesting or dated unlock schedule applies.
Frequently Asked Questions
- How much of Dai supply is still locked?
- About 301,062 DAI is not yet circulating, <0.01% of the total supply of 4.6B DAI, as of September 5, 2026. Not all of that is on a published unlock schedule.
- Where does this data come from?
- Unlock dates and amounts are taken from Dai's own project documentation and recorded by RampAtlas. This page was verified on September 2, 2026.